Longbow Research initiated coverage on shares of Arkansas Best Corp (NASDAQ: ABFS). They issued a neutral rating on the stock.

JMP Securities upgraded shares of Achillion Pharmaceuticals Inc (NASDAQ: ACHN) from a market perform rating to an outperform rating. JMP Securities now has a $10.00 price target on the stock.

Ladenburg Thalmann upgraded shares of ALLETE, Inc. (NYSE: ALE) from a neutral rating to a buy rating. Ladenburg Thalmann now has a $45.00 price target on the stock, up previously from $44.00.

Credit Agricole downgraded shares of Applied Materials, Inc. (NASDAQ: AMAT) from an outperform rating to an underperform rating. Their analysts now have a $12.00 price target on the stock.

Susquehanna downgraded shares of Applied Materials, Inc. (NASDAQ: AMAT) from a neutral rating to a negative rating. Their analysts now have a $9.00 price target on the stock, down previously from $10.00.

Macquarie downgraded shares of Abercrombie & Fitch (NYSE: ANF) from a neutral rating to an underperform rating. Their analysts now have a $25.00 price target on the stock.

Wedbush upgraded shares of Abercrombie & Fitch (NYSE: ANF) from a neutral rating to an outperform rating. Wedbush now has a $45.00 price target on the stock, up previously from $30.00. They noted that the move was a valuation call.

Needham & Company reiterated its buy rating on shares of Aviat Networks, Inc. (NASDAQ: AVNW). They noted that the move was a valuation call.

Janney Montgomery Scott initiated coverage on shares of American Express (NYSE: AXP). They issued a neutral rating on the stock.

Jefferies Group reiterated its buy rating on shares of BE Aerospace, Inc. (NASDAQ: BEAV).

Barclays Capital initiated coverage on shares of Burger King Worldwide Inc (NYSE: BKW). They issued an equal weight rating on the stock.

Stifel Nicolaus initiated coverage on shares of Annies Inc (NASDAQ: BNNY). They issued a hold rating on the stock.

FIG Partners downgraded shares of Boston Private Financial Holdings Incorporated (NASDAQ: BPFH) from an outperform rating to a market perform rating. Their analysts now have a $10.50 price target on the stock.

Aegis initiated coverage on shares of BioSpecifics Technologies Corp. (NASDAQ: BSTC). They issued a buy rating on the stock and set a $50.00 price target.

Deutsche Bank downgraded shares of Bally Technologies Inc. (NYSE: BYI) from a buy rating to a hold rating. Their analysts now have a $49.00 price target on the stock.

Global Hunter Securities initiated coverage on shares of C&J Energy Services (NASDAQ: CJES). They issued a buy rating on the stock and set a $26.00 price target.

Longbow Research initiated coverage on shares of Con-way Inc. (NYSE: CNW). They issued a neutral rating on the stock.

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